OAO Stroytransgaz the leading Russian company in the field of construction of pipelines and oil and gas development infrastructure and Saudi Ouge, the largest Saudi company, have signed Memorandum of Understanding and cooperation.
Wednesday, October 16, 2002
OAO Stroytransgaz the leading Russian company in the field of construction of pipelines and oil and gas development infrastructure and Saudi Ouge, the largest Saudi company, have signed Memorandum of Understanding and cooperation.
According to Mr. Leonid Bokhanovsky, the First Vice-President of Stroytransgaz, “the companies agreed to use joint potential for determination and further implementation of promising oil and gas projects in the Kingdom of Saudi Arabia and other countries of the Near East and Africa”. The Memorandum was signed in the framework of the First meeting of the Joint Intergovernmental Russian-Saudi Commission on trade, economic, scientific and technical cooperation and session of the Russian-Saudi Business Forum.
